Boeing Raises India Sales Forecast

By

Nikhil Gulati And

Santanu Choudhury

Updated July 6, 2011 4:46 a.m. ET

NEW DELHI –Boeing Co. Wednesday raised its sales forecast for passenger planes in India, where an expanding economy and growing passenger traffic are leading carriers such as IndiGo and Go Airlines (India) Ltd. to order new aircraft.

In its latest outlook for the Indian market, the U.S.-based aircraft maker said it expects carriers in the South Asian country to order up to 1,320 planes through 2030 for as much as $150 billion. In...